Inox Green allots 4.89 cr IRSL shares under demerger scheme

Scheme filed with the NCLTStrategic Transactions View source PDF Explain this filing

INOXGREEN · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.7%Reaction day

₹176.50

prior close

₹175.92

announcement price

After-mkt

timing

Nifty Microcap 250market-0.4%-1.3% vs market

Diversified Commercial Services peers, median of 71sector-0.2%-1.5% vs sector

On the reaction day the stock moved 1.3 pts less than Nifty Microcap 250 and 1.5 pts less than its Diversified Commercial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.4

10m

-0.5

15m

-1.0

30m

-0.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.7-0.4-1.3-0.2-1.5

Next day

-2.0+0.2-2.1-0.2-1.7

-3.0-0.1-2.9-0.4-2.6

-0.3+0.2-0.6+0.2-0.6

-5.5+0.5-6.1-0.5-5.0

-8.5-0.4-8.1-0.1-8.4

-2.0-0.4-1.6-0.9-1.1

15d

-2.3-2.5+0.2-2.5+0.3

-2.5+0.3-2.8-2.7+0.1

-38.8-9.4-29.4-8.4-30.4

—————

UpDownMarket · Nifty Microcap 250Sector · Diversified Commercial Services peers, median of 71Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Under a court-sanctioned scheme of arrangement between Inox Green Energy Services and Inox Renewable Solutions, IRSL has allotted 4,89,82,030 equity shares of Rs 10 each to eligible IGESL shareholders. Record date was 1 August 2026. IRSL will credit these shares to demat accounts and seek separate listing approval from stock exchanges.

Likely market impact

Eligible IGESL shareholders will receive IRSL shares in their demat accounts. IRSL will seek listing approval so they can be traded on exchanges.